20, CHERRY ORCHARD, SOUTHMINSTER, CM0 7HE - £275,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

20 CHERRY ORCHARD is a very small detached house of 85m², built sometime between 1996 and 2002, which could now be worth an estimated £312,556. It was last sold for £275,000 in October 2020, which was around 43% below the average October 2020 detached price in the Maldon local authority area. The most recent EPC inspection was August 2020, where the current energy rating was C, and the potential energy rating was B.

20 CHERRY ORCHARD Sold Prices

Land registry data shows two sales for 20 CHERRY ORCHARD since 1^st January 1995. The below table shows the price paid for the two sales, along with the average detached price in the Maldon local authority area for the corresponding sale date. Both of the two 20 CHERRY ORCHARD sales were for below the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 30 OCT	£275,000	£486,462	43% below HPI
2018 2 JUL	£245,000	£496,826	51% below HPI

20 CHERRY ORCHARD Price Paid vs. HPI Average

The below graph shows the average detached house price in the Maldon local authority area over time, sourced from the HPI. The two 20 CHERRY ORCHARD sales from July 2018 and October 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the July 2018 sale was for 51% below the HPI. So the extrapolation line tracks at 51% below the HPI over time, until the October 2020 sale, where it rises to 43% below the HPI. The line then continues to track at 43% below the HPI.

What might 20 CHERRY ORCHARD be worth now?

20 CHERRY ORCHARD might now be worth an estimated £312,556.

This is based on house price inflation of 13.7%, between October 2020 and February 2025, for detached houses, in the Maldon local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 13.7% inflationary increase is applied to the most recent sale price for 20 CHERRY ORCHARD of £275,000 on 30th October 2020. For the value to have increased from £275,000 to £312,556 over the five years and eight months to February 2025, the following assumptions must hold true:

• The value of 20 CHERRY ORCHARD has moved in line with the HPI for detached houses in the Maldon local authority area.
• The October 2020 sale price of £275,000 represented a fair market value for the property.
• The size, condition, and specification of 20 CHERRY ORCHARD has not materially changed since October 2020.

How Large is 20 CHERRY ORCHARD?

20 CHERRY ORCHARD is 85m² according to the EPC inspection conducted in August 2020. This puts it in the smallest 20% of detached houses houses in Southminster, based on EPC data. The below chart shows the distribution of detached houses houses by size in Southminster, and where 20 CHERRY ORCHARD lies on this distribution: 11% of detached houses houses are smaller than 20 CHERRY ORCHARD, and 89% of houses are larger. Note that EPC data is not available for all properties in Southminster.

20 CHERRY ORCHARD: Plot and Title Map

20 CHERRY ORCHARD sits on a plot of roughly 0.052 of an acre, or 212m². The below map shows the location of 20 CHERRY ORCHARD, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 20 CHERRY ORCHARD). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 20 CHERRY ORCHARD?

20 CHERRY ORCHARD is located in SOUTHMINSTER, in the CM0 postcode district. The below map shows the position of No. 20 on CHERRY ORCHARD.